AP - A key report measuring business confidence in Germany is expected to show that it fell in November, an analyst said Monday.

AP - China is working on an additional economic stimulus plan to supplement the $586 billion package announced this month with spending on health care and schools, according to a news report.

AFP - US President-elect Barack Obama and his Democratic allies in Congress are preparing plans for a second massive economic stimulus program that could total as much as 700 billion dollars over the next two years, The Washington Post reported Monday.

AP - A key report measuring business confidence in Germany fell to a 15-year low in November as worries about the economy mounted amid the global economic crisis.

AP - The leaders of France and Germany are seeking ways to surmount their countries' economic troubles and reconcile their opposing views.

AP - Trying to dispel doubts about the true size and effectiveness of a giant economic stimulus package, Beijing rolled out an eye-popping figure to show its determination to spend its way out of trouble: a $1.4 trillion shopping list of possible investments.

AP - German business confidence fell to a 15-year low in November as worries about the economy mounted amid the global economic crisis, a key report showed Monday.

Bloomberg - Nov. 24 (Bloomberg) -- The appointment of Timothy Geithner as U.S. Treasury secretary would deprive Federal Reserve Chairman Ben S. Bernanke of his top troubleshooter on Wall Street, compelling the Fed chief to act fast to find a replacement.

AP - President George W. Bush was meeting Monday with Treasury Secretary Henry Paulson on the economic crisis.

AP - Chilean officials say the economy grew by 4.1 percent in the 12 months ending in September compared to 4.8 percent a year earlier.

Reuters - Xerox Corp forecast 2009 profits generally in line with analyst expectations, saying that its steady stream of repeat customers and a recent round of cost cuts will help it weather the economic downturn.

AFP - US President George W. Bush said Monday his administration will take more steps to shore up the struggling US economy and work closely with president-elect Barack Obama's economic team to break the back of the crisis.

AFP - The US government vowed Monday it was working to shore up the ailing economy, hours after stepping in to guarantee potential losses at Citigroup up to 306 billion dollars and pump 20 billion more into one of the world's largest banks.

Reuters - U.S. President George W. Bush on Monday said the U.S. economy would recover from the current financial crisis and that the government stood ready to help the banking system as it did with the $20 billion capital injection into Citigroup.

Reuters - President-elect Barack Obama has chosen Christina Romer, a professor at the University of California, Berkeley, as the head of the White House Council of Economic Advisers, a Democratic source told Reuters on Monday.

AFP - University of California, Berkeley economist Christina Romer has been chosen by US president-elect Barack Obama to chair the Council of Economic Advisers, ABC News reported Monday.

AFP - Existing US home sales fell 3.1 percent in October as buyers remained on the sidelines amid economic uncertainty, the National Association of Realtors said Monday.

AP - Nationwide sales of existing homes fell more than expected last month, as economic fears made buyers leery even though prices plunged to the lowest level in more than four years.

AFP - US President George W. Bush will meet Monday with Treasury Secretary Henry Paulson and make a statement at 10:35 am (1535 GMT) on the steps of the Treasury building, the White House announced.

AP - Romania will likely enter a recession in 2009, a senior analyst for Moody's Investor Service said Monday, even as the country's prime minister insisted the economy would grow.

AP - Britain's economy will shrink by 1.5 percent next year and unemployment could reach 2.5 million in 2010, up from the current 1.8 million, a leading London think tank predicted Monday.

Reuters - A top economic adviser to President-elect Barack Obama said on Monday a U.S. economic stimulus program to revive economic activity would need to be bigger than first thought as the financial storm intensifies.

Reuters - President George W. Bush will meet Treasury Secretary Henry Paulson at 10 a.m. on Monday to discuss the economy, the financial crisis and the government's rescue package for Citigroup, White House officials said.

AFP - President-elect Barack Obama Monday presented a selection of 'the best minds in America' headed by Timothy Geithner as Treasury boss to guide his ambitious plan to revive the stricken US economy.

AFP - The euro strengthened Monday as investors digested a massive bailout of US banking giant Citigroup and government action in Britain to bolster consumer spending in the face of a looming recession.

AFP - Existing US home sales fell 3.1 percent in October as buyers remained on the sidelines amid economic uncertainty, the National Association of Realtors said Monday.

Bloomberg - Nov. 24 (Bloomberg) -- The appointment of Timothy Geithner as U.S. Treasury secretary would deprive Federal Reserve Chairman Ben S. Bernanke of his top troubleshooter on Wall Street, compelling the Fed chief to act fast to find a replacement.

AP - Mexico's inflation has hit a seven-year high of 6.2 percent.

AP - Nationwide sales of existing homes fell more than expected last month, as economic fears made buyers leery even though prices plunged to the lowest level in more than four years. And the decline is expected to get worse because October's results reflect sales contracts signed before Wall Street's nosedive.

AFP - Shares in Swiss banking giant UBS soared and closed with a gain of more than 21 percent Monday, lifted by a rally on Wall Street and massive US and British economic stimulus packages.

Politico - The current Treasury Secretary Henry Paulson gives the president-elect a big thumbs up on his picking his successor.

AFP - The US Treasury said Monday it was extending a temporary guarantee program for money market funds until April 30, 'to support ongoing stability in this market.'

AFP - The dollar lost ground except against the yen Monday as a massive bailout of US banking giant Citigroup and government action in Britain to fight recession prompted investors to rush into riskier bets.

AFP - The US government vowed Monday to safeguard the ailing economy, after stepping in to guarantee over 300 billion dollars in potential losses at Citigroup and pump 20 billion more into the financial giant.

AP - Citing an 'economic crisis of historic proportions,' President-elect Barack Obama urged Congress to pass a costly, job-creating stimulus bill as quickly as possible, a rare pre-inaugural call to action delivered as the outgoing Bush administration approved fresh billions to bail out one of the nation's largest banks.

Reuters - Neither New York City nor the state can count on a bailout from the U.S. government because it is only salvaging industries 'that have a cascading impact through our economy,' Mayor Michael Bloomberg said on Monday.

Reuters - President-elect Barack Obama formally set his economic team with a pledge to act 'swiftly and boldly' and Britain unveiled a round of tax cuts and spending to stem a slide into deep, lengthy recession.

AFP - President-elect Barack Obama vowed swift action to revive the stricken US economy through aggressive government intervention Monday as he named some of 'the best minds in America' to his economic team.